Drug Manufacturers - General
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NVO vs JNJ vs LLY vs ABT
Revenue, margins, valuation, and 5-year total return — side by side.
Drug Manufacturers - General
Drug Manufacturers - General
Medical - Devices
NVO vs JNJ vs LLY vs ABT — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||||
|---|---|---|---|---|
| Industry | Drug Manufacturers - General | Drug Manufacturers - General | Drug Manufacturers - General | Medical - Devices |
| Market Cap | $203.48B | $536.23B | $921.16B | $151.30B |
| Revenue (TTM) | $327.80B | $92.15B | $72.25B | $43.84B |
| Net Income (TTM) | $121.96B | $25.12B | $25.27B | $13.98B |
| Gross Margin | 81.8% | 68.1% | 83.5% | 54.0% |
| Operating Margin | 45.3% | 26.1% | 45.9% | 17.8% |
| Forward P/E | 2.1x | 19.2x | 28.2x | 15.9x |
| Total Debt | $130.96B | $36.63B | $42.50B | $15.28B |
| Cash & Equiv. | $26.46B | $24.11B | $7.16B | $7.62B |
NVO vs JNJ vs LLY vs ABT — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Novo Nordisk A/S (NVO) | 100 | 138.9 | +38.9% |
| Johnson & Johnson (JNJ) | 100 | 149.6 | +49.6% |
| Eli Lilly and Compa… (LLY) | 100 | 637.4 | +537.4% |
| Abbott Laboratories (ABT) | 100 | 91.7 | -8.3% |
Price return only. Dividends and distributions are not included.
Quick Verdict: NVO vs JNJ vs LLY vs ABT
Each card shows where this stock fits in a portfolio — not just who wins on paper.
NVO carries the broadest edge in this set and is the clearest fit for valuation efficiency.
- PEG 0.10 vs JNJ's 34.17
- Lower P/E (2.1x vs 28.2x), PEG 0.10 vs 0.98
- 37.2% margin vs JNJ's 27.3%
- 4.0% yield, 8-year raise streak, vs JNJ's 2.2%
JNJ is the #2 pick in this set and the best alternative if income & stability is your priority.
- Dividend streak 36 yrs, beta 0.06, yield 2.2%
- Beta 0.06 vs NVO's 1.56, lower leverage
- +44.8% vs ABT's -33.2%
LLY is the clearest fit if your priority is growth exposure and long-term compounding.
- Rev growth 44.7%, EPS growth 96.0%, 3Y rev CAGR 31.7%
- 12.4% 10Y total return vs JNJ's 132.3%
- 44.7% revenue growth vs JNJ's 4.3%
ABT is the clearest fit if your priority is sleep-well-at-night and defensive.
- Lower volatility, beta 0.25, Low D/E 31.9%, current ratio 1.67x
- Beta 0.25, yield 2.5%, current ratio 1.67x
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 44.7% revenue growth vs JNJ's 4.3% | |
| Value | Lower P/E (2.1x vs 28.2x), PEG 0.10 vs 0.98 | |
| Quality / Margins | 37.2% margin vs JNJ's 27.3% | |
| Stability / Safety | Beta 0.06 vs NVO's 1.56, lower leverage | |
| Dividends | 4.0% yield, 8-year raise streak, vs JNJ's 2.2% | |
| Momentum (1Y) | +44.8% vs ABT's -33.2% | |
| Efficiency (ROA) | 23.3% ROA vs JNJ's 13.0%, ROIC 36.2% vs 20.7% |
NVO vs JNJ vs LLY vs ABT — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
Segment breakdown not available.
NVO vs JNJ vs LLY vs ABT — Financial Metrics
Side-by-side numbers across 4 stocks — who leads on profitability, valuation, growth, and risk.
Who Leads Where
LLY leads in 3 of 6 categories
ABT leads 1 • JNJ leads 1 • NVO leads 0 • 1 tied
Explore the data ↓Income & Cash Flow (Last 12 Months)
LLY leads this category, winning 4 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
NVO is the larger business by revenue, generating $327.8B annually — 7.5x ABT's $43.8B. NVO is the more profitable business, keeping 37.2% of every revenue dollar as net income compared to JNJ's 27.3%. On growth, LLY holds the edge at +55.5% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||||
|---|---|---|---|---|
| RevenueTrailing 12 months | $327.8B | $92.1B | $72.2B | $43.8B |
| EBITDAEarnings before interest/tax | $170.2B | $31.4B | $34.7B | $10.9B |
| Net IncomeAfter-tax profit | $122.0B | $25.1B | $25.3B | $14.0B |
| Free Cash FlowCash after capex | $31.0B | $19.1B | $13.6B | $6.9B |
| Gross MarginGross profit ÷ Revenue | +81.8% | +68.1% | +83.5% | +54.0% |
| Operating MarginEBIT ÷ Revenue | +45.3% | +26.1% | +45.9% | +17.8% |
| Net MarginNet income ÷ Revenue | +37.2% | +27.3% | +35.0% | +31.9% |
| FCF MarginFCF ÷ Revenue | +9.5% | +20.7% | +18.8% | +15.8% |
| Rev. Growth (YoY)Latest quarter vs prior year | +24.0% | +6.8% | +55.5% | +6.9% |
| EPS Growth (YoY)Latest quarter vs prior year | +67.1% | +91.0% | +169.9% | 0.0% |
Valuation Metrics
ABT leads this category, winning 5 of 7 comparable metrics.
Valuation Metrics
At 11.4x trailing earnings, ABT trades at a 73% valuation discount to LLY's 42.5x P/E. Adjusting for growth (PEG ratio), ABT offers better value at 0.38x vs JNJ's 34.17x — a lower PEG means you pay less per unit of expected earnings growth.
| Metric | ||||
|---|---|---|---|---|
| Market CapShares × price | $203.5B | $536.2B | $921.2B | $151.3B |
| Enterprise ValueMkt cap + debt − cash | $219.9B | $548.8B | $956.5B | $159.0B |
| Trailing P/EPrice ÷ TTM EPS | 12.64x | 38.43x | 42.48x | 11.39x |
| Forward P/EPrice ÷ next-FY EPS est. | 2.15x | 19.20x | 28.24x | 15.87x |
| PEG RatioP/E ÷ EPS growth rate | 0.61x | 34.17x | 1.47x | 0.38x |
| EV / EBITDAEnterprise value multiple | 9.34x | 18.61x | 30.60x | 15.83x |
| Price / SalesMarket cap ÷ Revenue | 4.19x | 6.04x | 14.13x | 3.61x |
| Price / BookPrice ÷ Book value/share | 6.67x | 7.56x | 32.99x | 3.18x |
| Price / FCFMarket cap ÷ FCF | 44.63x | 27.02x | 102.67x | 23.82x |
Profitability & Efficiency
LLY leads this category, winning 4 of 9 comparable metrics.
Profitability & Efficiency
LLY delivers a 101.2% return on equity — every $100 of shareholder capital generates $101 in annual profit, vs $27 for ABT. ABT carries lower financial leverage with a 0.32x debt-to-equity ratio, signaling a more conservative balance sheet compared to LLY's 1.60x. On the Piotroski fundamental quality scale (0–9), LLY scores 8/9 vs JNJ's 5/9, reflecting strong financial health.
| Metric | ||||
|---|---|---|---|---|
| ROE (TTM)Return on equity | +66.4% | +31.7% | +101.2% | +27.3% |
| ROA (TTM)Return on assets | +23.3% | +13.0% | +22.7% | +16.6% |
| ROICReturn on invested capital | +36.2% | +20.7% | +41.8% | +9.9% |
| ROCEReturn on capital employed | +44.4% | +17.6% | +46.6% | +10.8% |
| Piotroski ScoreFundamental quality 0–9 | 5 | 5 | 8 | 7 |
| Debt / EquityFinancial leverage | 0.67x | 0.51x | 1.60x | 0.32x |
| Net DebtTotal debt minus cash | $104.5B | $12.5B | $35.3B | $7.7B |
| Cash & Equiv.Liquid assets | $26.5B | $24.1B | $7.2B | $7.6B |
| Total DebtShort + long-term debt | $131.0B | $36.6B | $42.5B | $15.3B |
| Interest CoverageEBIT ÷ Interest expense | 18.90x | 48.23x | 35.68x | 19.22x |
Total Returns (Dividends Reinvested)
LLY leads this category, winning 4 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in LLY five years ago would be worth $51,115 today (with dividends reinvested), compared to $8,209 for ABT. Over the past 12 months, JNJ leads with a +44.8% total return vs ABT's -33.2%. The 3-year compound annual growth rate (CAGR) favors LLY at 31.8% vs NVO's -16.0% — a key indicator of consistent wealth creation.
| Metric | ||||
|---|---|---|---|---|
| YTD ReturnYear-to-date | -10.2% | +7.9% | -9.6% | -28.9% |
| 1-Year ReturnPast 12 months | -29.5% | +44.8% | +26.3% | -33.2% |
| 3-Year ReturnCumulative with dividends | -40.7% | +46.3% | +129.1% | -15.4% |
| 5-Year ReturnCumulative with dividends | +36.4% | +46.1% | +411.1% | -17.9% |
| 10-Year ReturnCumulative with dividends | +99.6% | +132.3% | +1237.7% | +173.7% |
| CAGR (3Y)Annualised 3-year return | -16.0% | +13.5% | +31.8% | -5.4% |
Risk & Volatility
JNJ leads this category, winning 2 of 2 comparable metrics.
Risk & Volatility
JNJ is the less volatile stock with a 0.06 beta — it tends to amplify market swings less than NVO's 1.56 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. JNJ currently trades 88.4% from its 52-week high vs NVO's 56.2% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||||
|---|---|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 1.56x | 0.06x | 0.71x | 0.25x |
| 52-Week HighHighest price in past year | $81.44 | $251.71 | $1133.95 | $139.06 |
| 52-Week LowLowest price in past year | $35.12 | $146.12 | $623.78 | $86.15 |
| % of 52W HighCurrent price vs 52-week peak | +56.2% | +88.4% | +86.0% | +62.6% |
| RSI (14)Momentum oscillator 0–100 | 73.4 | 37.1 | 61.4 | 22.9 |
| Avg Volume (50D)Average daily shares traded | 18.4M | 7.0M | 2.6M | 10.5M |
Analyst Outlook
Evenly matched — NVO and JNJ each lead in 1 of 2 comparable metrics.
Analyst Outlook
Analyst consensus: NVO as "Buy", JNJ as "Buy", LLY as "Buy", ABT as "Buy". Consensus price targets imply 47.9% upside for ABT (target: $129) vs 2.6% for NVO (target: $47). For income investors, NVO offers the higher dividend yield at 4.00% vs LLY's 0.61%.
| Metric | ||||
|---|---|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy | Buy | Buy |
| Price TargetConsensus 12-month target | $47.00 | $249.27 | $1258.47 | $128.71 |
| # AnalystsCovering analysts | 39 | 40 | 45 | 41 |
| Dividend YieldAnnual dividend ÷ price | +4.0% | +2.2% | +0.6% | +2.5% |
| Dividend StreakConsecutive years of raises | 8 | 36 | 11 | 11 |
| Dividend / ShareAnnual DPS | $11.64 | $4.87 | $6.00 | $2.19 |
| Buyback YieldShare repurchases ÷ mkt cap | +0.1% | +0.5% | +0.4% | +0.9% |
LLY leads in 3 of 6 categories (Income & Cash Flow, Profitability & Efficiency). ABT leads in 1 (Valuation Metrics). 1 tied.
NVO vs JNJ vs LLY vs ABT: Key Questions Answered
10 questions · data-driven answers · updated daily
01Is NVO or JNJ or LLY or ABT a better buy right now?
For growth investors, Eli Lilly and Company (LLY) is the stronger pick with 44.
7% revenue growth year-over-year, versus 4. 3% for Johnson & Johnson (JNJ). Abbott Laboratories (ABT) offers the better valuation at 11. 4x trailing P/E (15. 9x forward), making it the more compelling value choice. Analysts rate Novo Nordisk A/S (NVO) a "Buy" — based on 39 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — NVO or JNJ or LLY or ABT?
On trailing P/E, Abbott Laboratories (ABT) is the cheapest at 11.
4x versus Eli Lilly and Company at 42. 5x. On forward P/E, Novo Nordisk A/S is actually cheaper at 2. 1x — notably different from the trailing picture, reflecting expected earnings growth. The PEG ratio (P/E divided by earnings growth rate) is the most growth-adjusted single valuation metric: Novo Nordisk A/S wins at 0. 10x versus Johnson & Johnson's 34. 17x — a PEG below 1. 0 traditionally signals the market is underpricing earnings growth.
03Which is the better long-term investment — NVO or JNJ or LLY or ABT?
Over the past 5 years, Eli Lilly and Company (LLY) delivered a total return of +411.
1%, compared to -17. 9% for Abbott Laboratories (ABT). Over 10 years, the gap is even starker: LLY returned +1238% versus NVO's +99. 6%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — NVO or JNJ or LLY or ABT?
By beta (market sensitivity over 5 years), Johnson & Johnson (JNJ) is the lower-risk stock at 0.
06β versus Novo Nordisk A/S's 1. 56β — meaning NVO is approximately 2635% more volatile than JNJ relative to the S&P 500. On balance sheet safety, Abbott Laboratories (ABT) carries a lower debt/equity ratio of 32% versus 160% for Eli Lilly and Company — giving it more financial flexibility in a downturn.
05Which is growing faster — NVO or JNJ or LLY or ABT?
By revenue growth (latest reported year), Eli Lilly and Company (LLY) is pulling ahead at 44.
7% versus 4. 3% for Johnson & Johnson (JNJ). On earnings-per-share growth, the picture is similar: Abbott Laboratories grew EPS 133. 6% year-over-year, compared to -57. 8% for Johnson & Johnson. Over a 3-year CAGR, LLY leads at 31. 7% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — NVO or JNJ or LLY or ABT?
Novo Nordisk A/S (NVO) is the more profitable company, earning 33.
1% net margin versus 15. 8% for Johnson & Johnson — meaning it keeps 33. 1% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: LLY leads at 45. 6% versus 16. 3% for ABT. At the gross margin level — before operating expenses — LLY leads at 83. 8%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is NVO or JNJ or LLY or ABT more undervalued right now?
The PEG ratio (forward P/E divided by expected earnings growth rate) is the most precise measure of undervaluation relative to growth potential.
By this metric, Novo Nordisk A/S (NVO) is the more undervalued stock at a PEG of 0. 10x versus Johnson & Johnson's 34. 17x. A PEG below 1. 0 is traditionally considered the threshold for growth-adjusted undervaluation. On forward earnings alone, Novo Nordisk A/S (NVO) trades at 2. 1x forward P/E versus 28. 2x for Eli Lilly and Company — 26. 1x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for ABT: 47. 9% to $128. 71.
08Which pays a better dividend — NVO or JNJ or LLY or ABT?
All stocks in this comparison pay dividends.
Novo Nordisk A/S (NVO) offers the highest yield at 4. 0%, versus 0. 6% for Eli Lilly and Company (LLY).
09Is NVO or JNJ or LLY or ABT better for a retirement portfolio?
For long-horizon retirement investors, Eli Lilly and Company (LLY) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0.
71), 0. 6% yield, +1238% 10Y return). Novo Nordisk A/S (NVO) carries a higher beta of 1. 56 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (LLY: +1238%, NVO: +99. 6%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between NVO and JNJ and LLY and ABT?
Both stocks operate in the Healthcare sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
In terms of investment character: NVO is a large-cap deep-value stock; JNJ is a large-cap quality compounder stock; LLY is a large-cap high-growth stock; ABT is a mid-cap deep-value stock. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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